Secured Credit Manager

2 weeks ago


Indian Mound, United States First Commonwealth Bank Full time
Job Summary

This leadership position is responsible for overseeing the Secured Credit Department, ensuring the effective management of collateral for commercial accounts. The ideal candidate will possess expertise in financial statement analysis, valuation methodology, and security interest perfection.

Key Responsibilities
  • Provide leadership and direction to the Secured Credit team, ensuring the department's objectives are met.
  • Design and deliver training programs for credit analysis and appraisal management.
  • Develop and maintain policies, procedures, and guidelines for secured lending and collateral management.
  • Ensure compliance with regulatory requirements, including the Sarbanes-Oxley Act.
  • Negotiate and maintain service level agreements with line of business units.
  • Anticipate and address client concerns, including direct interaction with borrower executives.
  • Perform review and analysis of environmental studies, exercising decision-making authority regarding transactions.
  • Assist lenders and Credit Administration in crafting deal structure, terms, and conditions.
  • Serve as a resource for Senior and Officers' Loan Committees.
  • Prepare and present monthly or quarterly reporting to Senior Loan Committee and the credit committee of the board.
Requirements
  • Bachelor's degree in Finance or Accounting, MBA preferred.
  • Specialized training and education in trading asset monitoring and valuation.
  • Thorough knowledge of real estate appraisal methodology and investment theory.
  • Working knowledge of financial institution regulatory environment.
  • Demonstrated leadership and analytical skills, excellent verbal and written communication skills.
  • Proficient in Microsoft Office, including Word and Excel.

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